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$1,245,000
26-7331 MLS
Located at 637 3rd Avenue in downtown Anchorage, this distinctive property offers exceptional flexibility for investors, owner-users, or developers. Currently operating as a professional law office. Located in a highly desirable downtown location overlooking Cook Inlet, the property enjoys convenient access to restaurants, hotels, shopping, the Tony Knowles Coastal Trail, and the Port of Anchorage The property's highest and best use may be as a six-room boutique short-term rental (Airbnb or executive lodging). Its downtown location, scenic inlet views, and proximity to Anchorage's business district and visitor attractions make it well-positioned to attract both business travelers and tourists. A thoughtfully designed conversion could create a unique hospitality property offering: " Six private guest rooms " Shared gathering and dining areas " Premium nightly rental rates " Multiple income streams from year-round tourism, business travel, cruise passengers, and seasonal visitors With Anchorage's limited inventory of distinctive boutique accommodations, this property presents an opportunity to capitalize on the growing demand for high-quality short-term lodging while preserving the flexibility for office or residential use. Whether maintained as professional office space or repositioned as a boutique hospitality investment, 637 3rd Avenue represents a rare opportunity to own a highly adaptable property in one of Anchorage's most desirable downtown locations.

637 W 3rd Avenue, Anchorage

Listing Office Real Broker Alaska

$335,000
3 Beds 2 Baths 26-7053 MLS
Affordable Scenic Foothills living! This 3BR, 2BA home sits on a spacious 1/4 acre lot with a large lawn, storage shed, sunny west facing deck, oversized RV carport, and parking for vehicles, trailers, and Alaska toys. Recent updates include the roof, many windows, and water heater. Steps from lit trails, parks, schools, shopping, and commuter routes. Opportunity and value in a prime location. Welcome to 3228 Hiland Drive, a rare opportunity to own a home on a spacious quarter acre lot in the desirable Scenic Foothills neighborhood. This 3 bedroom, 2 bath home offers over 1,600 square feet of living space, flexible living areas, and a location that puts some of East Anchorage's best outdoor amenities just outside your door. Recent improvements include the roof, many of the windows, and the water heater, providing valuable updates to several major components of the home. Inside, the functional layout includes multiple living spaces, a dedicated dining area, and flexible rooms that can accommodate a home office, hobby space, fitness area, or additional living area. The outdoor space is a standout feature. The large, well maintained lawn offers plenty of room for pets, gardening, entertaining, or simply enjoying Alaska's summer evenings. The sunny west facing deck is the perfect place to relax while taking in sunset views. A storage shed provides additional space for tools and seasonal equipment, while the oversized RV carport and extensive off street parking offer room for vehicles, trailers, campers, boats, and recreational gear. Outdoor enthusiasts will appreciate being just a short walk from Scenic Foothills' extensive network of lit trails, greenbelts, and parks, providing year round opportunities for walking, biking, skiing, and recreation. Convenient access to schools, shopping, dining, and major commuter routes makes daily life easy. Offering valuable updates, exceptional outdoor space, abundant parking, and a sought after location, this property presents an outstanding opportunity for buyers looking to build equity while enjoying everything Scenic Foothills has to offer.

3228 Hiland Drive, Anchorage

Listing Office Real Broker B Street

$475,000
6 Beds 4 Baths 26-6760 MLS
Use as an investment, accommodate extended family, enjoy multi-generational living, or simply make this beautifully remodeled 2,466-square-foot property your spacious home. With 6 bedrooms, 4 full bathrooms, two full kitchens, and living space on both levels, this unique home offers exceptional flexibility to fit a variety of needs. Featuring 3 bedrooms, 2 bathrooms, and a full kitchen on each level, the thoughtful floor plan provides an abundance of space for a large family, multi-generational living, guests, hobbies, home offices, or simply enjoying the room to spread out. No detail has been overlooked in the complete top-to-bottom remodel. Luxury vinyl plank flooring runs throughout the home, creating a modern and cohesive look. Both kitchens feature all-new appliances, including refrigerators, ranges, and dishwashers, with a built-in microwave in the lower-level kitchen. The bathrooms have been beautifully updated with modern tiled bathtub and shower areas. Laundry is conveniently available on both levels, with a new stackable washer and dryer on the main level and a full-size washer and dryer on the lower level. Step outside to a large, partially fenced yard with plenty of space for outdoor activities, entertaining, pets, gardening, or simply enjoying the outdoors. While this home is ideal as one spacious residence, its unique layout also offers outstanding flexibility for multi-generational living or the opportunity to utilize it as an investment. The two-level configuration, separate living areas, full kitchens, and laundry on both levels provide an appealing option for those looking to create additional income potential, subject to local regulations and buyer verification. This is a home that offers much more than bedrooms and bathrooms. It provides options and flexibility for today's buyer. Enjoy it as one large, beautifully updated home, accommodate extended family, or take advantage of its potential as an investment. With extensive updates, generous living space, two kitchens, four bathrooms, and a large partially fenced yard, this property offers an exceptional combination of comfort, versatility, and value. The seller is motivated and has made a significant price improvement! Don't miss the opportunity to take a fresh look at this unique and beautifully remodeled home. Lori Guy at Stewart Title provides excellent service!

602 N Park Street, Anchorage

Listing Office Frontier Realty

$337,000
3 Beds 2 Baths 26-6639 MLS
Own a rare piece of Anchorage history. Originally built in 1947 as a log cabin, this home dates back to the early years of Anchorage's growth--a remarkable find in a city that remains relatively young by historic standards. Over time, the original cabin was placed on a permanent foundation and expanded, creating a unique home that blends historic character with everyday functionality. While much of the cabin's story has been lost to time, the original log construction remains as a lasting reminder of Anchorage's pioneering roots. Opportunities to own a property with this level of character and history are becoming increasingly rare. Significant recent improvements provide peace of mind for the next owner. The roof, fence, and refrigerator were replaced in 2025, while the retaining wall was completed in 2024. In 2026, the home received fresh interior paint along with exterior stain and seal. Beneath portions of the existing carpet, you'll find solid wood flooring with the potential to be restored and brought back to life. Conveniently located in East Anchorage, this home offers exceptional accessibility to daily amenities. Elementary and middle schools are within walking distance, the high school bus stop is just down the block, and grocery shopping is only a block away. Nearby parks, trails, and recreation opportunities provide plenty of ways to enjoy Alaska's outdoors, while quick access to JBER and major commuter routes makes traveling throughout Anchorage simple and convenient. Whether you're searching for a distinctive primary residence, a rental investment, or a property with a story to tell, this one-of-a-kind home offers the opportunity to own a special piece of Anchorage's past while enjoying the conveniences of today.

301 N Bragaw Street, Anchorage

Listing Office Elite Real Estate Group

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Real Estate Company are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated: